Member Info for Seingred

Hi doc. No not really. It was mentioned as hypothetical by someone and Brad saying measured resource in weeks.

Hi imp, you never know. Sprott is a large holder in outcrop I believe. Sprott also invested in continental.

Collective this year had a strategic investment in its raise. Look at the size ov the raises collective have made then think how on earth Omi can do this.

https://www.collectivemining.com/news-media/news-releases/collective-mining-announces-c189-million-investment-by-a-strategic-investor

Hi doc $ not £ . Warrants are open for years . If they are converted soo. It will be to sell .

In regard to resources, it may well have been estimated using models etc but anybody who thinks that will be proved up in one go or any time soon is dreaming.

Cnr have taken 15 years yo prove up 2.4 oz with 670 oz in the proven category. Spent $90 m and had previous drilling to convert to boot.

Brad says he likes talking and that is true but so far nothing has gone according to his plan. I think the project is coming but months will disappear yet with bur. and nothing to show. Like stones I don’t much will happen before aug at earliest and possibly sept when I expect will be confetti time.

That said, I still hope for a couple of spikes and if he can get his act together, early stage is the only time to be in these high risk projects but it does help if you have respected management.

Sun 4 p gives decent risk reward and I won’t pay much over 4 p.

I would also recommend keeping tabs on Cnr who have a construction ready high grade project in Nicaragua. 2.4 m oz 600k reserves. Similar jurisdiction. M cap 50 m and 18 months into a sale process. It’s easy to talk the talk. Best to wait to see the walking take shape.

In his own words he failed in finance. Hasn’t got a decent discovery on his resume. Omi have had the project for 10 years and couldn’t afford to finance it. Got the job because he is cheap(allegedly) and mates with the boss. Has no skin in the game. I don’t believe any of this attracts investors and although listed on tax the home of mining they raise their cash on aim.

And more elephants than London zoo. It is real easy to get over excited and blow up positive words . I am happy to hold and see how it pans out but I am yet to be convinced by him. Just watch any interview with collective.

Doctor, I am curious how you come up with cash of £1.5 . Bu my reckoning I reckon around $1.25. Shrinking between 150-200 k p m. So the 600 k raised for drilling has gone.

I reckon there is 6 months cash left but will have to raise when down to the last $500 k so would expect raise around sept. But hey there will be 1 m jorc by then😂

Around $25 p oz

Not going , however would be grateful if somebody could get a straight answer to the following.

We had a 15% tax payable on our concession sale. Same with royal rd. Will this be applicable in an asset sale and takeover situation?

Does mc £500 k flat fee start at 40 p so or does it cover below 40 p and sliding scale start at 40 p? How do they justify moving the goalposts from £1 to 40 p on top of free share also as reward. Seems like reward for failure as many ltholders won’t make any cash at 40 p??

What is the situation

Big man. Taken down cos all the double negatives 😂

Hi Jack. Hope you are doing ok.

My tip. Yet again is buying Mstr cleanspark on the dips. Been pretty active in cryptos today too bottom fishing .

G luck

Gasbag, I only buy these sub 4 p ! That’s why I have never been a locked in miscreant ! You really are the lowest common denominator.

8 p 😂😂😂

Gasbag. Predicted 8 a month ago .😂😂😂😂

Is that last May Sakura?

You could assume that kemot however it also states that negotiations continue. It’ll come when it comes. Always advisable to expect delays imv .

I don’t have loads in here. Never said I did. Said I sold out at 8 p and gradually buying back. Also said will de risk on any spike on news .

I didn’t say 8 p last month . 😂😂

Gasbag, why should I sell ? I add on the dips and don’t post infantile ramps. Will wait to see how it pans out with eyes wide open and an average at around 4 p having sold my original 4 p shares for 8 p. You have no credibility to advise me in Omi shares . Hopefully you disapear as suddenly as you appeared. 7 p a month ago according to you. 😂😂😂

May 7 the gasman cometh

That's an easy 1 wolfy,the hapless toad will crawl back out of his rock when it suits him, most likely when we go red, so probably not tomorrow but maybe middle of next week when we are sitting on 6 or 7 and the traders take thier 10%and then be back at 10p, corrupt to the core.

😂

This bb is beyond reasoned debate these days .

Best to paddle your own canoe whichever way looks safe and ignore the noise!

Happy to build sub average of 4 p, which I have little doubt will be able to do for a while yet.

Obvs dyor gws!

Simms, I imagine they are addressing speculation outside like bb and are lowering expectations. obviously that is a sarcastic remark and I have losers as well as winners . What I will say is all my good results since 2020 have all been in crypto , biotech and tech, losses in explorers. Producers have been patchy Cameco being my best.

For me crypto for coming 6 months, Bitcoin miners on any significant retrace and same with Mstr. I continually trade the swings there because there are plenty of opportunities.

Took profit in terra, bitfarms and clsk this week expecting a retrace.

I started buying mstr at around $160 a pop around the time of the Cnr open offer . Now around $1500 with plenty of upside imv. I mentioned them and clsk and Trd ages ago .

My buys this month will be buying back a couple of producers and crypto. Although crypto miners have had a decent run there is a good retrace in cryptos so that’s my main focus. Won’t give crypto tips as nobody interested but adding a bit more solana on dips.

Risky punts are sar and Omi. However since I swapped out of Omi at 8 p into Cnr around 17 p buying back in Omi sub 4 p wasn’t too big a deal.

I am always open to hearing any alternative tips and evaluate, at the end of the day most of my investing is a result of somebody else’s research somewhere along the line. I hold around 50 different sharesand 30 different cryptos so there is always something moving in one direction or the other and trading pairs is fun.

Good luck to you and hope you at least breakeven and hope you are not over invested here. For me, this was once one of my largest holdings but has become a small part of pf at around todays sp currently.

Good luck

Gg, simms is incorrigible lol.

Cf, cheers.

Mellon lowering expectations?

In 2020 he reviewed condor when over 50 p, without reading that article I imagine he had Cnr as a buy. 4 years later and much dilution later we are 24 p!

I fail to see how $100-150 m equates to 50 p starting figure when there are already over 200 m shares and more to be converted and dollar is not parr with £!

Add to that hannan fee , any possible taxes in Nica , mc present money and any other handouts.

Tops of 100% from todays price with good element of risk.

Just bagged more than that in terra wulf in the last month.

Similar in bitfarms. This is high risk with a limited payback.

Investing is just maths and this share has been bad maths for years unless you are the ceo!

It is NOW a waiting game lol. What has the last 18 months been?